Dash Core Group
- May 11, 2014
Hey ,Well, you have to remember, fible1, that it comes at a price. For whatever reason, either because DS has a smaller foot print, or because people only use it if they have need, and use it as much (that is number of rounds) as needed. Either way, our blockchain is 1/4 the size of a similar coin, monero, which is 2/3 as old as Dash. And we would be destroying the ability to trim the blockchain in the future.
So, although it's very clever, it may not scale for long.
However, this could be used in some sort of side chain for other uses? What that might be, I don't know but it's important to keep these tools in the toolbox as you may have need for them in the future!
And frankly, I think us users, not the programmers, but users, are the ones that sometimes come up with the best ideas due to need, so we must educate ourselves
Ok, I'm still brain dead, I may need to step back before editing my attempt at explaining cryptonote, LOL In the meantime, please know it's not quite right, if you could read the expert comments afterwards, that should help
I'll grant I'm no expert on cryptonote but I've read pretty much everything there is to read on the net about it, including both white papers, core discussions and as much of the Monero forums as I could stomach.
The core benefit I see is that obfuscation is automatic. Anecdotal evidence suggests that a lot of people don't use DS and it most likely has to do with it being slow (days) and a bit confusing; both negative factors for on boarding.
I won't argue about blockchain bloat, that's pretty clear; but like I said on another thread, the era of normal users running full nodes is nearing it's end. You cant expect users to DL a a few dozen Terabytes of blockchain in ten years. I suspect that service providers will take on that burden and users will run "lite" clients so from my point of view blockchain bloat has clear solutions; and in the end, is the service providers issue, not the consumers.
I originally got on board Dash because of DS, but after having used the system for several months, I think it's pretty clear we need something more transparent. New users often complain "I've had DS on since yesterday and it still hasn't finished!", and "how does this work?". I myself stopped using DS when I tried to anonymity 600 Dash, 5 rounds deep, I stopped it after 1 week.
Wouldn't it be so much better if anonymity was built in?
So granted it may not be the cryptonote model, but I think we can likely do better than the current implementation in terms of it being more transparent for the user.
Hope that helps
PS: I have a strong feeling Monero is vaporware. My bullshit meter went "Code Red" every time I read so called "experts" who tried to explain the tech, so please don't think I want us to clone Monero tech, I am merely making the point that their vision of anonymity vis a vis it being transparent and automatic is better than our implementation. Granted ours works and theirs is in the air, but it's worth it to understand transparent and instantly untraceable payments are the future, not coinjoin.